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News Corp’s newspapers were again a millstone around the neck of the company in the three months to the end of December. The company’s latest financial results revealed that once again the company’s digital real estate operations and currency movements were the saviours for the second quarter in a row. Digital real estate — REA Group in Australia and Move in the US — saw a 21% jump in revenue, while currency movements (the fall in the value of the greenback) boosted revenues by US$47 million.

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